>> obama! obama! >> for if we are truly created equal, then schuler the love we commit to one another must be >> i barack hussein obama do solemnly swear -- today we continue a never-ending journey. america will remain the anchor of strong alliances in every corner of the globe. we must act knowing our work will be imperfect. our journey is not complete until all our children know that they are cared for. common purpose with passion and dedication but answer the call of history and carry into an uncertain future that precious light of freedom. cbs news coverage of the presidential inauguration continues. here again is scott pelley. >> pelley: you were just hearing

the words from the president's second inaugural address delivered here in washington not long ago. if you are just joining us, president obama was sworn in for a second term about 90 minutes ago on the west front of the capital then he delivered his inaugural address, some of which you just heard. right now he's having lunch with members of congress in statuary hall. bob schieffer and i are joined here in washington by the governor of the state of massachusetts, dapt. governor since 2007. thank you for being with us. >> it's a pleasure to be with you, thank you for having me. the. >> pelley: what can president obama do for the states in a second administration? >> i think the smooth imlimit station of the affordable care act, so-called obamacare, which is off to a very good start and it's quite familiar to us in massachusetts because it's modeled on what we've had since 2006 but i think it's a big list for a lot of states and i think the partnership that h.h.s. has

shown already with the states and the flexibility has been enormously important. beyond that, i think a growth agenda which is about investing in our future is enormously important to everything and every citizen. >> schieffer: governor, if you were to put a headline on the president's speech today, what would be the headline? what's the hook? >> i think i'd say "new resolve." i think what we'll see in the second term is a fresh resolve from this president. a dorplgs continue to try to pull us together. to ask people to turn to each other rather than on each other. to be very, very specific about the big lifts we have to do in gun safety, in immigration reform and, above all, in what we have to do to invest to grow our economy and grow opportunity. >> pelley: you know, i don't think gun safety would have been at the top of the president's agenda two months ago but after newtown, of course, it has become -- >> it's impossible to turn away from it now. it's impossible. >> pelley: which leads to the question: what do you expect to see from the president in terms of resolve on this as we get farther from the tragedy itself?

>> well, i think you saw in the president's announcement, i think it was last week after the vice president's series of recommendations, what the contours of his proposal will be in terms of an assault weapons ban, a limitation on access to military style clips with multiple rounds in them. i think he's shown consistently a willingness to reach out to gun owners, sports men and women and hunters to make sure their interests are respected, consistent not just with the second amendment but consistent with their reasonable interests. but i think the idea of insisting that we do what we can as a federal and as state governments to protect our citizens is primary. >> schieffer: you're going to have a pretty important job coming up here shortly once john kerry is confirmed as secretary of state. every indication is that he will be. you're going to have to appoint somebody to replace him. >> i've heard that, (laughs)

>> pelley: give us a clue. >> no clues today other than it will be somebody who is aligned with the president's ageneral the, will be a good partner to the president and the majority leader, which is important. i always remind our citizens back theme the main event is not the interim appointee, it's the election of a new senator in the special election. that's what we need to focus on. >> schieffer: i take it will be a democrat? >> it will be a democrat. the. >> pelley: governor patrick, thank you for joining us. we have in the capitol rotunda a very special guest today, valerie jarrett, senior advisor to the president and i day air is the person in washington who has known the president and first lady longest, being a long-time friend of both in chicago. ms. jarrett, great of you to be with us, thank you so much. >> it's a pleasure. it's a pleasure to be here. it's a terrific day for america. is. >> pelley: i have to believe that you were involved in the

president's speech today. he must have run it by you. he runs nearly everything by you. >> (laughs) >> pelley: and i wonder. >> what do you any the president wanted us to take from that speech? one thing that was the take-home message? >> well, i think part of what he wanted to do today is to lay out the vision of our founding fathers as basic values of principals that guide us and so what i heard when he said we do not have to -- is he in the background? it feels like he's talking over me, i don't want to compete with the president, i'm listening to his speech not ours. >> pelley: well we are running a little bit of the speech there, ms. jarrett. >> okay, because i can hear him. >> pelley: you were talking, we were watching. >> all right, what i think, scott, is he wanted to say, look we don't have to be compelled to solve the century old debate over the role of government. what we have to do is find our common ground and act now. the people who elected the

president, the people of our country expect us to still be able to do big things. creating jobs, tackling climate change, immigration reform. and thinking about those fundamental principles of equality and fairness and opportunity and the pursuit of life, liberty, and justice. so when you think about -- it is a message that should resonate with everyone and should touch the hearts of everyone. i found it very uplifting. the crowd responded and people from all over the country all walks of life coming to washington to participate in our democracy. so i think it's an opportunity for a new day. i know he is as energized as i have ever seen him and we'll celebrate today and tomorrow back to work. >> pelley: one of the messages, ms. jarrett, that was throughout the speech and the celebration today was that of gay rights. the president went out of his way in the speech to mention the stonewall riots of the 1960s,

which really touched off the gay rights movement in this country. the poet that followed the president is a gay american. the minister who gave the benediction is a minister who performs same-sex marriages. i wonder, what is the president trying to tell us there? >> he's trying to say that equality means equality for everybody. he also talked about the civil rights movement. i think the idea behind this of s of basic equality and opportunity. our country is founded on those principles. when he talked about immigration today, again, it was opportunity and equality and he's going to fight for that just as he had his entire career he's going to do that for the next four years. his hope-- as we had the national day of service yesterday sds that ordinary americans get involved. get engaged with their country whether through volunteerism, whether through letting their voices be heard as we try to

pursue legislation in washington it's a spirit of for engagement and that was a big part of what the president was saying today. we don't have to solve all of our problems but let's not put the short-term political interests ahead of the american people. >> schieffer: ms. jarrett, it's bob schieffer here. i wanted to ask you, because you do know the president so well. republicans i keep hearing say, well, they think the president doesn't like them. they say he doesn't like politics. that he doesn't like to get in there and me gauche@. you know him. is that a true characterization? >> i don't think so at all. i think it's an excuse for not wanting to come and work things out. as you said, i've known him for over 20 years. his reputation in the state senate in illinois was one as a junior senator who could go across the aisle and find common ground. he's always interested in find the common ground but he has to have a partner on the other side.

so after today people say you know what? this is a great country, we have so much opportunity. yes we have challenges but, bob, those challenges are solveable if people come together. he is always going to reach across the aisle. but the other thing he's going to do and he said he's going to do it more aggressively in his second term is make sure the american people are engaged because their voices can compel congress to act as well. and this is a partnership with them. he's here representing them and he wants to make sure that they are involved in the process. >> pelley: valerie jarrett, senior advisor to the president and the person who probably know it is president and the first lady better than anyone. thank you so much for being with us today. >> my pleasure, thank you. >> pelley: thank you very much. the president and other dignitaries are inside statuary hall in the capitol. they're having their luncheon there. it is a private luncheon at this point and we will be rejoining the president, the first lady as they leave the capitol here in a while and head back down to the white house in a long parade

down pennsylvania which is always one of the highlights of inauguration day. we listened to the president delivering his second inaugural address and as we did so i was thinking about president's past. fortunately for all of us we have doug brinkley here with us today, a noted u.s. presidential historian and professor of history at rice university. doug, how have other presidents used this moment? sglfrpt >> well, there are times when our country in graver crisis. we talked about abraham lincoln's second inaugural while the civil war was still going on. we talk about f.d.r.'s "we have nothing to fear." the great depression was on and unemployment with such staggeringly high numbers so this is a time where people have felt improvement since president obama came? we have to remember the crash of the economy stock market in such terrible shape. it's been a progressive incrementalism. but i have to say this speech is

part of a progressive tradition of a theodore roosevelt speech in kansas where barack obama in 1911 when -- in 2011 he went and if you read the t.r. speech "the new nationalism" you'll find hit in the speech he gave today. you'll find it at f.d.r.'s second inaugural and in many of martin luther king's speeches. people talk about kennedy's inaugural about swords and switchbacks. it's a technique that worked brilliantly for john f. kennedy but i think the president had caught the aura of dr. king today quite well. >> pelley: and this day being inauguration day and martin luther king day all at the same time. doug, thanks very much. cbs news live coverage of the inauguration of president obama will continue from washington in just a moment. [ male announcer ] nearly sixteen million people visit washington dc every year. some come to witness...

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>> pelley: welcome back to cbs news live coverage of the second inauguration of president barack obama. the president and the entourage are all having lunch in statuary hall in the capitol behind me now but we will be seeing the procession and parade shortly as the president heads back down to washington. we have a very special guest on the set with us today, we have senator amy klobuchar of minnesota, the first woman senator from the state of minnesota and you've been the senator from minnesota since about 2007. >> that's correct. >> you know, one of the things that struck us here, senator, was the nature of the president's speech as a civil rights speech. and he went out of his way to mention seneca falls, the 19th century convention in seneca falls, new york, that was such a milestone in the women's rights

movement and i wonder what resonance you saw with all of the things the president said in the speech about women and their rights. >> well, he also connected it to women's rights and equal pay and he was standing there with the congress which finally had 20 women senators, something that we haven't seen in our history. so i think it was important that he did that. but i also think that the speech was much more than just about the past. he connected that past to the future by talking about the next generation's issues. acknowledging that the divide in congress we're never going to set until his own words that is a century's old debate about the role of government but we have to act in our time and i think he used those examples of civil rights and women's rights about how leadiest in the past acted in their time and he put out the challenge on immigration reform and climate change and the number of things we need to work on to move forward and he was pragmatic. he talked about how this will be

imperfect. he talked about how acknowledging the problems that we have in temple terms of getting together. maybe my favorite part was when the poet at the end talked about how we all look up at the same sky, at one sky. and i think that captured the essence of the president's speech. >>. >> schieffer: the thing that i found interesting about this speech, it seem swhad in the abstract to me. it didn't seem to connect. he talked about connecting the bill of rights to our reality of today but i kept waiting for that little hook to pull me in and make me tse "that's absolutely right." >> well, i think those words when he said "we must act in our time" he was appealing to a lot of people, especially immigrants people who have felt that we're not acting in their time. so i think it was an appeal to the next generation and i also think that he is -- has to be pragmatic in how he approaches congress. remember compared to the last speech where it was a much more somber analysis of where we were

and this was, i think, much more of a call to action and maybe that we didn't have the one line you loved but it was a call to action to a lot of different people and a call for citizenship in this country. >> pelley: senator amy klobuchar of minnesota, thank you so much. >> thank you, you're going to be watching the fergus falls band and when they go by i expect you to say "that is the best band in the country." fergus falls, minnesota. >> pelley: fergus fall, minnesota, we will look for that. thank you, senator, always a champion for your state. cbs news live coverage of the second inauguration with president obama back in just a moment. ♪ [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts...

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>> pelley: welcome back to cbs news coverage of the president's second inauguration. you're looking at a live picture of the national mall, this camera facing the mall in the direction the president was facing. this is what he saw as he delivered his speech, the long national mall leading to the washington monument and the lincoln memorial beyond. you can see that the crowd has largely left. the president and the rest of the dignitaries are having a private lunch in the capitol just now. the president delivered his speech immediately after taking the oath of office just before noon today and we have a brief excerpt from that speech that we'll play for you now. >> we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of health care and the size of our deficit.

but we reject the belief that america must choose between caring for the generation that built this country and investing in the generation that will build its future. (cheers and applause) >> pelley: we people, the first three words of the pre-amble of the constitution, the president repeated it again and again throughout the speech, a speech about national unity and unity of person. norah o'donnell and john dickerson are down there on the national mall. they've been watching these events unfold all day. john, the president has quite a task ahead of im. how does he proceed politically? >> well, he proceeds the next big moment is the state of the union and that's where he will get even more detailed. as bob mentioned, this did have a state of the union like feel to it as he ticked off those agenda items. but he'll get more specific about agenda items, he'll put pressure on congress and the big thing, though, is while we think about his agenda for the future, he's still dealing with the

business of the past and one of the things the president has to kind of unshackle himself from is these constant fights over the budget. they're going to try to get -- to protect those portions of the budget he thinks are important but get the budget process on some kind of track that so that washington is even in a position or has the opportunity to do something bigger on immigration or climate change or any other issue. >> pelley: ora o'donnell, the first day of the second term, how do you see things proceeding? >> i see this second inaugural address by president obama, too, as highlighting some of the scenes from the campaign. the campaign that he just won. and setting up in that soundbite that you just played, scott, where the president says "we reject the belief that you can't invest in our seniors and at the same time invest in the future." that's the idea that makes conservatives and republicans cringe which is that you can't continue to keep medicare and social security entitlements the same and we can't continue

spending and investments and the president says i reject the idea you can't do both. that's at the heart of this philosophical divide between president obama and the republicans. how do you keep your commitment to seniors and invest in children? so that's really the fight that is really going to continue between both sides as this budget battle continues. yes, we're going to get an extension as bob reported on the debt ceiling maybe for a couple of months but notice how the republicans have placed a lot of contingencies on. that well unless you pass the budget by april we'll cut everybody's pay so we're going to have a series of cascading fiscal cliff-esque budget deadlines over the next several months and that really is the biggest threat to president obama's agenda. the things he talked about today whether it was on climate change immigration reform, gun safety. it's hard to do those things when you have as john pointed out leftovers from the first term.

>> pelley: unity on monday, real politics on tuesday. norah and john, thank you very much. cbs news live coverage of the second inauguration of president obama will continue after these words. sometimes life can be well, a little uncomfortable. but when it's hard or hurts to go to the bathroom, there's dulcolax stool softener. dulcolax stool softener doesn't make you go, it just makes it easier to go. dulcolax stool softener. make yourself comfortable. ♪ i dare you to dare me this winter? i've got a dare. ♪ repair six months of damage in just one use. introducing the new pantene repair & protect system. damage effects are visible.

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>> president obama's first inaugural in 2009 broke attendance records. in fact, it was the most well-attended event ever held in the nation's capital with estimates ranging as high as 1.9 million people. until then, lyndon johnson held the record crowd of 1.2 million in 1965. attendance for president obama's second inauguration is projected to be lower than his first. president george w. bush's second inaugural in 2005 drew up to 500,000 people.>> it may be sot

before we get the official estimate of the crowd here, certainly not 1.8 million who were here in 2009, but estimates before the inauguration ranged from 600,000 to 800,000 but what we can report to you is that there were a lot of americans in the national mall today who were overjoyed to witness history, inauguration of any president is a remarkable moment in american history. and they were there today, many of them with their children to see these events. the president was inaugurated of course under the -- in the shadow i probably should say, the capitol dome. a fascinating thing about the dome of the capitol, this year is the 150th anniversary of the completion of the capitol dome. something that was mentioned today during the president's inauguration. here is a look at the dome as it was under construction during

the civil war. now, when the civil war broke out so much cast iron was being used in building the dome and it was piled up all around the construction site, a decision was made to take the cast iron and use it to create barricades around the building instead of completing the dome. there was a lot of talk about stopping the work on the dome, but it was decided that completing the dome was such an important symbol of national unity that the work would continue even as we were fighting the civil war. president lincoln called it a sign that the union would go on. the dome is capped by what is known as the statue of freedom. this is also 150 years old this year. and the remarkable thing about this is that this statue was

cast by philip reid who was, when he we began the work, a slave. but while the work was ongoing, he was freed by the district of columbia emancipation proclamation of 1862 which preceded the president's emancipation proclamation by about nine months. by the time the statue of freedom was completed, the man who was casting it, philip reid was free as well. a remarkable bit of american history as we looked on today, martin luther king day and the second inauguration of president barack obama. bob schieffer, we have so many of the house leadership, the senate leadership, the republicans and the democrats in the same room, i'm sure there are a lot of people at home who think they should just lock the doors until they come out with a budget. but what do you think is going

on in that room? how much comedy can there be among these people who fight each every day. >> when of you have a formal ceremony they will enjoy themselves and enjoy the moment, this is a breathtaking moment in the history of the country. what's different, though, scott, than say when i first came to washington back in 1968, is in those days, for many years after that he was not just at these formal occasions that democrats and republicans came together, they also met together informally after work, their families new one another. they all lived here in washington. now they all go home every weekend, most of their family stay in washington, they don't really know one another. as they did back in those days. and i think washington is worse for it. because that's when you had these great across the aisle

relationships, like lyndon johnson and everett dirkson. when lyndon johnson, joe calipano pointed out on "face the nation" he was one of the key aides for johnson when he passed the civil rights bill. when they signed that '64 civil rights bill, martin luther king was pivotal in doing that. you had all the members of congress, you know what johnson gave the first pen to? to everett dirkson the republican leader in the senate. because he said, he couldn't have done it without him. and he wanted to make sure that dirkson got full credit for that. you don't see that much any more. and that's the kind of thing that we've got to find just a little of that now if we are going to get anything done. starting off these people got to find out about each other and who they are and get to know one another again. because right now they really don't. they don't like to go to the same parties, they don't like to be seen with people from the

other party, for fear that they will get in trouble with the folks back home. unless they can get past that, it's going to be very difficult to get anything done. >> maybe lunch will be a start. there will be a lot of new faces in this second term of president obama and bill plant, our long long-time without correspondent has preview of some of these changes that are coming up. >> scott, you know, there's nothing quite ascertain in washington as staff changes. when a president hits his second term. cabinet members and white house staff aides leave because of exhaustion or because there is a prospect of better jobs in the private sector. of course the highest profile depature from this cab set that of secretary of state hillary rodham clinton. four years of travel, 112 countries and nearly amyl i don't know miles she's ready to leave. nominated to replace her, massachusetts senator john kerry. the chairman of the foreign relations committee who is expected to be easily confirmed

by his senate colleagues because he's always gotten along with them. now, we have defense sectly i don't know panetta retiring after decades of public service in congress, white house cabinet , the president has nominated senator, former seven for chuck hagel of nebraskaa vietnam combat veteran now to replace him. but hagel has been outspoken in the criticism of his party and he may have some difficulty with his confirmation. the other major depature from the cap net, secretary of the treasury tim geithner who over saw the bail out of the auto industry and recovery of the financial system. the president now nominated jack lew to the job, he was a behind the scenes guy, director of the office of management and budget, both in this administration and that of president clinton. that nomination is expected to go smoothly, but there is one high profile and sometimes controversial cabinet member who is staying on.

that is attorney general eric holder. he's come under fire from republicans and some of the democrats in congress, some of the justice department policies, particularly a plan to send guns in to mexico. but holder wants to stay and the president clearly intends to allow him to do that. of course, there will somebody other cabinet and senior staff changes soon, but many of the same close aides on whom the president has relied for the last four years are going to stay with him, that's something for which the president has been criticized by democrats who wish that he had a wider range of voices. scott? >> bill, thank you very much. it's a tall order for the president replacing hillary clinton as secretary of state who has been widely regarded a very effective secretary of state. andly i don't know panetta as the defense sect, back when he was o&b director in the clinton administration managed to balance the federal budget, if

you can imagine then later head of the cia he headed the efforts that killed osama bin laden. so obviously a very capable and long-time public servant now going off to his retirement in california. we have another moment from the president's speech earlier today, the president has signalled that he intends to make comprehensive immigration reform, one of his signature achievements in his second term. it's a tall order, other presidents before him have not been able to accomplish it but he keyed that up in his speech today. [ applause ] >> our journey is not complete until we find a better way to welcome the striving, hopeful immigrants who still see america as a land of opportunity. until bright young students and engineers are listed in our workforce rather than expelled from our country. >> john dickerson is on the national mall with us, our

political director and john, george w. bush sought comprehensive immigration reform, was not able to get it through the congress, i wonder how the president intends to try. >> that's right, john mccain tried, too, then had to back away when he ran for the republican nomination. the president in talking to his aides, his advisors this morning thinks on immigration he has an opportunity here in part because of his electoral victory. republicans looked at that said, we can no longer continue as a party that has such dismal showing with minorities and young voters. we have to improve our position on the yes of immigration. former florida governor jeb bush said that during the last republican campaign during the last presidential campaign. so the president thinks that by that outside pressure will create a condition where republicans will be willing to work with him. so he's putting pressure from the outside but then saying and thinking according to this advisor, that he really can make common cause with some republicans in the senate and in

particular to do something big on immigration. >> john, thank you. bill whitaker, our correspondent in los angeles has been watching today's events along with a group of latinos who voted for mr. obama. bill, what are they telling you? >> scott, i'm here at a major immigrant rights organization here in los angeles, people gathered here this morning to watch the inauguration. they say there has been a political sea change. 71% of latino voters voted for president obama. they say they were there for him when he seed needed them. now he expects them. i'm here with the director, who met twice with president obama on immigration issues. what is it that you want, that you expect of president obama this time? >> we want leadership. leadership from president obama that his wonderful rhetoric and his discourse match action.

and so what we expect from him is that he is every ounce of his political capital to convince members of both parties, republicans and democrats to get an immigration reform law passed that he is able to sign. we are -- what we're fighting for is a passive citizenship, unity of our families and -- added up to 1.5 million individuals. and millions of families impacted by that. we're going to work hard, we listened to him in terms of our activism. we're going to roll up our sleeves and help him do it but we want him top the leadership, the fortitude to get it over that finish line. and we were there for him. we have been there for him for a long time. what we want him to understand is that families are counting on him. there is a mandate from the voters, from latino voters, from asian voters they want their families together. they want an end to the exclusion and, yes, liberty and the fight for equality this time

is a fight for immigration reform. >> scott? >> people who say they have the political power and the momentum and determination to see comprehensive immigration reform get through this time. >> bill, thank you very much. here in washington as the clouds lift and the sun breaks out across the front of the capitol, we will have more on the president's inauguration live from the nation's capital in just a moment. >> welcome back.

too live cbs news coverage of the presidential inauguration, a beautiful day breaking out on the national mall. temperature around 40 degrees. the sun out again after a cloudy morning, you can see the mall has largely cleared out there. but we're looking down the mall, this was the president's view as he delivered his inaugural address looking down the mall at the crowds with the washington monument and the lincoln memorial down there anchoring the end of the mall. scott pelley reporting live from washington. we want to take another look at that cbs poll that we showed you earlier today to give you some idea of where the country stands with regard to whether the folks in this country believe that we're headed in the right direction or not. this is the poll that we did just before the inauguration, the respondents across the country, 38% said the country

was headed in the right direction. but 57% thought the country was still on the wrong track. when the president was inaugurated in 2009, the unemployment rate was 7.8%. the unemployment rate today is 7.8%. now, a lot has changed for the better, the stock market, for example, the dow jones industrial average and s&p500 have both hit five-year highs since then. so a lot of people are feeling better about the economy, but still many americans around ten billion americans are without work. when we asked people what the most important things they would like to see the president accomplish, 35% said improving the economy was the biggest thing. fixing the budget deficit, the federal budget was the most important to 13%. only 5% thought tax reform was

important. and you may be looking at this poll and thinking, well, what happened to the war in afghanistan? well, there it is, it comes in at 4%, health care at 5% ending the war in afghanistan the most important priority for only 4% of the american people. but we should not ever forget that as we sit here today approximately 60,000 americans are fighting in afghanistan. the president is drawing those troops down but we have a long way to go yet in that war that is now more than ten years old. john dickerson our cbs news political director, he's down on the national mall, john, you see that 35% by far the largest majority of people in our poll think the president needs to be working on the economy. >> that's still the single most important issue for the president, much further down or much smaller percentage want them work on the deficit.

really the deficit and getting the budget picture in order, ending these endless confrontations over the budget will do something the white house believes and republicans believe, too, to help with the economy. why? because a lot of businesses, they believe both again republicans and the white house are holding back, they're uncertain with these constant running up against these deadlines and this sense that really washington doesn't know what it's doing. so that if it's not doing something wrong today there is every expectation they will do something wrong tomorrow. that also shows up in consumer confidence numbers where. people looking at this fiscal cliff fight we just had looked that the they felt less confident about the economy. so getting the budget on some kind of path to normal business, getting the numbers to add up without these crisis moments that may be the best thing the president can do in the short term on this number one issue. >> norah o'donnell there, we didn't hear a great deal in the speech today about the economy

from the president, he talked about other issues, he spent a lot of time on climate change, spent a lot of time on civil rights, the rights of women, the rights of gay americans. >> and one mention on deficit reduction. even though that will largely define, at least the first year if not further years in his first term. the other thing i just thought was interesting as we think about the president's second term and talk about his relations with congress, is that this is not only an unpopular congress as we have seen in our polls but one of the most inexperienced congresses, scott. just to note about 40% of the members of the house have served less than three years, according to the cook political report. that is the highest turnover we've seen since early 1990s when there was that big election in 1929, of course. you're dealing with a different type of body in the house. we know that the president has had a lot of trouble negotiating with house speaker john boehner. that is going to be one of the factors as we're looking at his

second term he has this ambitious agenda at the same time has to deal with the economy and budget concerns that we talked about. >> nancy is our capitol hill correspondent she's been at the capital for us reporting all day. the next order of business, at least in terms of the house of representatives will be increasing the national debt limit. in other words, allowing the government to borrow more money so that it can pay the bills that it's already in cured. how do you see that rolling out over the next days and weeks. >> house republicans changed course pretty dramatically last week they were at their republican retreat, this is a tradition all members of the house republican conference went away from meetings for three days in williamsburg, virginia. at the end of that three-day meeting they came out said, we said we were going to fight raising the debt ceiling until we got dollar for dollar

spending cuts now we're going to hold a vote that is going to be held wednesday to raise the debt ceiling temporarily. why would they do something like this, which might seem at first blush to be backing down. there were a couple of reasons, scott. first of all they looked at polling when they were out there at that retreat it looks like the polling that you were just talking about. it showed that americans by a pretty significant margin trust the president over house republicans when it comes to things like the deficit which is one of their signature issues. and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable.

and the fact is that they are going to hold this vote now and they still get another bite of the apple three months from now to try to push the administration to cut spending if they want to raise the debt limit again. >> nancy, we had chance to talk to condoleezza rice yesterday, the former u.s. secretary of state. she told us that when you are an official up there watching the president's inaugural address in his first address, you're taken with the hope and the grandeur of it all. when you're up there for second address you're looking at your watch thinking, i got to get back to work, we've got a lot we have to do. we're going to have lot more that we're going to do here in washington shortly. the president will be leaving that luncheon then the parade will be on. we'll have an opportunity to see the president and first family as they make their way back to the white house. more cbs news live coverage of the presidential inauguration from washington in a moment. >> t

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it's a statuary hall in the capitol this is where the house of representatives used to meet many years ago. this is the senior senator of new york, charles humiditier who is the master of ceremonies for the inauguration. >> and i hope everyone has enjoyed the lunch, i think we really deserve a round of applause to our chef and our caterer. all the people who served the meals so expertly they have done a great job. so, it is now my honor to invite the speaker of the house, john boehner, to the podium to present the official flags. >> senator, thank you. ladies and gentlemen, welcome to the old hall of the house.

the people's representatives met in this chamber over five decades prior to the civil war. and it's a wonder they made it here that long, the acoustics were terrible. just couldn't hear anything. or in some spots you could hear everything that was being said in the room. to make -- it was a mess. and of course it was also at a time when our leaders weren't hearing each other all that well to begin with. many architectural improvements later we gather in the old hall to better hear one another and to renew the appeal to better angels. we do so amid the rituals and symbols of unity none more important than our flag. this year, old glory will mark a milestone of her own. it was the spring of 1813 that

the new commander at fort mchenry ordered a flag to be thrown over the entrance to the baltimore harbor. it should be so large, he said, that the british will have no difficulty in seeing it from a disstance. for such an enormous banner, a mother and daughter team had to stitch together overlapping strips of wool to make the product whole. from many one. so a grand flag was flown not long after that an anthem to go with it. today whenever we put out the flag, whenever we hear it snapping in the wind, it gives us proof of the blessing that we call democracy. the symphony of service and faithfulness in which we will all play a part. so in the spirit of harmony, i'm proud to present the flags that flew over this battalion of

democracy today to president barack obama and vice president joe biden. and to you, gentlemen, i say, congratulations and godspeed. [ applause ] >> i am now pleased to introduce my friend and colleague and partner in this inaugural endeavor, senator lamar alexander to the podium to present the official photographs. >> thanks, chuck, mr. president and mr. vice president and jill.

empty and mrs. clinton, mr. chief justice. one former president who is not here today, we were sitting next to him, george h.w. bush and before he got up to speak he leaned over and said to barbara "what should i speak about?" and she said in a very loud whisper "about five minutes, george." i'll take about one minute. there will probably come a time, mr. president and mrs. obama and to the bidens when your children are trying to explain to their grandchildren that this day actually happened. if those great grandchildren don't believe it, we have pictures. and these pictures are for you and we wish you the best as you work for that common good, mr. cortez spoke about in the invocation and you eloquently talked about in your description of the american character today.

[ applause ] >> okay, i would now like to introduce the distinguished majority leader of the house of representatives, eric cantor to present the lennox inaugural gift. >> good afternoon. on behalf of the joint congressional committee on inaugural ceremonies, it's my honor to present the president and mrs. obama, vice president and dr. biden with these beautiful crystal vases. the vases are the finest quality, full lead crystal from lenno, which china and crystal.

the images of the united states capitol and the white house are hand cut and etched in to the crystal. the crystal vases on which the vase sits are enscribed with the name of the recipient and today's date. president obama, mrs. obama will receive the vase depicting the white house. vice president, dr. biden will receive vase depicting the united states capitol. the vases were designed by timothy carter and hand cut by master glass cutter peter o'rourke. at this time my wife diana and i invite president and mrs. obama and vice president and dr. obama looking at the beautiful vases. [ applause ]

>> okay, i am now pleased to invite my colleague, house democratic leader nancy pelosi to the podium to present the memento, is that you all will receive as you leave stat ware hall. >> thank you very much. mr. chairman schumer and cochair, vice chair alexander for a wonderful, wonderful inauguration. mr. president, mr. president, mr. president, first lady, first lady, first lady -- dr. biden to all of our distinguished guests. so far you've heard of gifts to the president and the vice president, i'll tell you about the gift for you. freedom now stands on the dome of the capitol of the united

states. may she stand there forever not only in form but in spirit. those were the words that were expressed 150 years ago by the commissioner of public buildings as the statue of freedom was placed atop the capitol during the presidency of lincoln. that expression of the spirit of freedom is what we want to you take with you today and is contained in this portfolio that you will receive from the joint congressional committee on inaugural ceremony. along with a framed depiction of the capitol as it appeared at the start of the civil war. you heard it well described by chairman schumer during his remarks. today the statue of freedom and that spirit of freedom watches over the capitol as another president from illinois -- has taken the oath of office. despite the challenges of our

time at home and abroad we heard in president's inaugural address a message of hope, a vision of peace, progress and prosperity and a promise of freedom for all. may god bless you, president obama, vice president biden and your family. congratulations with wishes for much success for you and to the success of our nation. may god bless you all, may god bless america. enjoy your day. [ applause ] >> mr. president and dr. biden and your whole wonderful family, i now rise to toast the vice

president of the united states and my former colleague and my friend, joe biden. mr. vice president, you have been an extraordinary leader of this nation and a true partner to our president these past four years. you play many roles, advisor, advocate, implementer, persuader, strategist and most important of all, friend. we're confident this unique partnership between you and our great president will only grow stronger and more productive over the next four years. mr. vice president, on the surface we don't share a common ancestry, but on a deeper level we do share a common story. an american story. of achieving our dreams thanks to the sacrifice of our immigrant forebearers. as you embark on your

well-deserved second term in the spirit of those who came before us and on behalf of all americans we offer you all our support and warmest wishes and we say to you -- [speaking foreign languages] -- and cheers to our great vice president. >> mr. president and all the presidents assembled, i always enjoyed this lunch more than anything we did in the capital. the 36 years i served in the senate i had great honor of

being included in this lunch, former presidents and vice presidents and because it really is a place where we get together in a way unlike any other time when we gather. it's always a new beginning every time we're in this room. and there's a sense of possibility and a sense of opportunity and a sense sometimes that's fleeting but a sense that maybe we can really begin to work together. chuck, we may come from different ancestors, but as all our colleagues know over the years we're cut from the same cloth. that we share that same common absolute conviction that was expressed by harry truman when he said, "america was not built on fear, america was built on courage, on imagination and an

unbeatable determination to do the job at hand." that is what you've done throughout your career, that's what almost everyone in this room has done. at the end of the day it's an absolute confidence -- absolute confidence there's not a thing, a single thing this country can't do. i spent too much time with all of you not to know, you feel it with every fiber in your being that there's nothing, nothing this country is incapable of. i must say the president kids me occasionally, i know harry reed always calls me a senate man. i am proud to have been a senate man. i am proud to be president of the senate. but that pride is exceeded only by the fact i'm proud to be vice president of the united states serving as barack obama's vice president. one of the great privileges. [applause]

one of the great privileges of my life, matter of fact if the president will forgive me as we were walking out as he said, savoring the moment. looking out at the crowd and all those americans assembled, i found myself surprised me even, turned to him saying "thank you" thanks, thanks for the chance. thanks for the chance to continue to serve. so folks, i raise my glass to a man who never, never, never operates out of fear only operates out of confidence and the guy who i plan on working with you, can't get rid of me, man, i'm still part of the senate. god bless you, chuck, you've done a great job. lamar, you have as well, to

chuck schumer. good to see you, pal. >> the best part of these events are unscripted. i'd now like to introduce our senate majority leader, my good friend and really great man, harry reed to offer the official toast to the president. [ applause ] >> americans, today are wishing the president godspeed for the next four years. people all over the world are looking at us and our democracy and wishing the president the best in the years to come. i've had the good fortune of the

last many years to work on a very close, personal basis with president obama. i have watched him in the most difficult challenges that a person could face. i've watched him do this with brilliance, with patience, with courage, wisdom and kindness. for which i have learned a great deal. so, mr. president, i toast and pray for you, your wonderful family and our great country. four more successful years, barack obama.

>> cheers! >> michelle and the speaker of the house came to a meeting of the minds that i may be delaying the proceedings too much. and so i'm just going to be extraordinarily brief and say thank you. to my vice president, who has not only been an extraordinary partner but an extraordinary friend. and to dr. jill biden who has partnered with my wife with an

extraordinary generosity on behalf of our men and women in uniform. to the entire cabinet that is here, i am grateful to you, some of you are staying and some of you are leaving but i know extraordinary sacrifices that you and my team have made to try to advance the cause of progress in this country and i'm always going to be grateful to you for that. to the speaker of the house and nancy pelosi, to democratic leader harry reid as well as republican leader, mitch mcconnell and to all the congressional leaders and all the members of congress who are here. i recognize that democracy is not always easy, i recognize there are profound differences in this room. but i just want to say thank you for your service and thank your

families for their service, because regardless of our political persuasions and perspectives i know that all of us serve because we believe that we can make america for future generations. and i'm confident that we can act at this moment in a way that makes a difference for our children and our children's children. i know that former president carter, president clinton, they understand the irony of the presidential office, which is the longer you're there the more humble you become. and the more mindful you are that it is beyond your powers individually to move this great country. you can only do it because you have extraordinary partners. and a spirit of goodwill and most of all because of the strength and resilience and fundamental goodness of the

american people. and so i would like to join all of you, not only in toasting the extraordinary work that chuck schumer and lamar alexander and others have done to create this special day for us, but i also want to thank each and everyone of you for not only your service in the past but hopefully your service in the future as well. and i would like to offer one last toast and that is to my extraordinary wife, michelle. there is controversy about the quality of the president, no controversy about the quality of our current first lady. [ applause ] thank you everybody. god bless you. and god bless america. >> and so ends the luncheon -- >> you can remain standing --

>> we heard the president's closing remarks about controversy about the president but no controversy about the first lady. we did a cbs news "new york times" poll over the last several days and asked about the president's approval rating. came in at 51%. but we also asked about the first lady's approval rating. it came in at 51%. >> thank you for the honor to offer the benediction, it's greatest honor in my life. let us pray as we prepare to go forth in peace, confident in america's bright future. in the name of the father, the son and the holy spirit. o, god, we give thanks to you and praise you on this day as

the day of our president's inauguration for we, too, resolved once more to the spirit of the human race in humble supplication in the words of president washington. we praise your holy name for your gracious favor and divine blessing upon this united states of america, our president barack obama and vice president joseph biden as they command the second term of their sacred responsibilities in the highest office of our country. bless, preserve and keep them and their families safe and healthy, together with all who

serve our nation, especially in congress, the judiciary and the armed forces here and everywhere who defend our pursuits of life, liberty and happiness. heavenly father, may we ever abide in this land of opportunity and freedom in perfect tranquility, faithful to our foundations and ever building and more prosperous just distant society for all our citizens. and may we always share our faith and hope for the future with the whole world through your divine and gracious love. amen.

>> the benediction delivered by archbishop demitrios of the greek orthodox church in america. >> okay, please be seated for a moment. my pleasure, archbishop. thank you. well, i think everyone agree this has been a wonderful inaugural ceremony, a delicious lunch but it's now time to head to our next happy stop, the presidential parade. like many of you i've marched in hundreds. but as we optimistically step in to the next page of american history under the leadership of president obama, i have a feeling this one is going to be something truly special. so, thank you for being here, god bless you all. god bless america. [ applause ]

>> and so concludes the lunch in ssatuary hall with the president, vice president, the first lady and dr. jill biden with members of congress and the senate. the members of the supreme court, military officers and members of the cabinet as well. still upcoming on inauguration day, the president will review the troops of the u.s. army military district of washington, that will happen on the east front of the capital and then shortly thereafter the president will lead the procession back down pennsylvania avenue from capitol to the white house and we will see the inaugural parade. we will watch all of that live right here on cbs. i'm joined here by bob schieffer our chief washington

correspondent, anchor of "face the nation" as we watch the president and the first lady leaving the luncheon today, this was a lovely moment, a lot of toasts from people on opposite sides of the political scalea lot of handshaking, gift giving. i'm afraid that may not last the day. >> well, but in the meantime between time there will be a lot of hugs and kisses before they get to the car. this is always one of the nicer things that happens on inauguration day. it does bring everybody together and how long does this last, probably not very long but it will be back to business tomorrow. and again, i think we can't underestimate the fact that the republicans had decided to avoid, at least for now, at least for the next four months, immediate fight over whether or not to raise the debt limit. they say that they will

introduce legislation tomorrow to increase the debt limit to last over the next four months so the government can pay its bills so it won't have to begin shutting down parts of the government. and while that is going on, they're asking the democrats to come up with a budget and if they don't come up with a budget by april 15th, then congressional pay stops. i think that will be applauded around the country. but it's going to be back to business and at least maybe they can focus on the things that matter and the things that are important rather than this debate over whether or not to raise the debt limit, because they have to do that. there's no way the government can operate unless they do that. so at least they put off one obstacle. i see -- they say in the world of blind, the one-eyed man is king. in this case i think this kind of news is probably good news in the current atmosphere in washington. >> pelley: bob, you see that as a give, a step toward

compromise on the part of the republicans, is it too much to call it an olive branch on inauguration day? >> schieffer: well, a little bit of that. but i think more than anything else, it's just facing up to reality and understanding that this is not what a great power like the united states ought to be having a debate about. whether or not we have to pay our bills. and i think in that sense i think it's pretty good thing. >> pelley: you're looking at a live picture of the capitol rotunda, these people are assembled under the great dome of the capitol which will celebrate its 150th anniversary this year. that is a bust that you just saw of dr. martin luther king, junior. now, of course today is not only inauguration day, it is also martin luther king day. and so the president and the first lady and others are expected to walk to the bust of martin luther king and pay their

respects there for a few moments before the president walks out of the capitol to review the troops. >> schieffer: the bust is much better likeness of martin luther king, junior, i would say that in the view of some who say statue on the mall, the massive statue sort of doesn't look like martin luther king, junior. it's big, this one you'd know who it was if you knew who martin luther king was. i think most people do. >> pelley: the king memorial on the mall is quite an imposing memorial. it's a striking thing to see. doug brinkley is one of this nation's foremost historians on presidential history and professor of history at rice university in houston. doug, the president reviewing the troops, this is a long -- has deep, deep history in the

united states. >> not only was george washington a general, but look how many presidents have military service, almost all of them. really come up to the age of clinton and obama when you don't and you have people, not just generals like andrew jackson, yam henry harrison, but most of those presidents after the civil war had -- were generals in the civil war. then presidents like john f. kennedy made the pt-109 his calling card, colonel roosevelt and rough riders. the president's connection to the military is always very important. even get it down that if you weren't in the military somebody like barack obama practicing how to salute properly. ronald reagan said you had to know how to do that. >> schieffer: neither stand kate for major party had military service. >> that's right. this is the vietnam war generation, post vietnam in some ways. but keep in mind we're going to

still have vietnam battles coming up with chuck hag,l could be very -- change some of the harmony on the debt. >> pelley: we see the president coming in under the great dome of the capitol to pay his respects to the bust of martin luther king, junior.

>> pelley: the president with the speaker of the house, john boehner and house minority leader, nancy pelosi. the president will be leaving the capitol going out the east front to review u.s. army troops that have assembled outside for this occasion. magnificent shot from a camera high in the capitol dome. the dome celebrating its 150th anniversary this year. cbs news, live coverage of the inauguration of president barack obama will continue from washington in just a moment. overmany discounts to thine customers! [old english accent] safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts,

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at devry.edu/knowhow. cbs news coverage of the presidential inauguration. on what must be, weather-wise at least, one of the most beautiful days in the history of the nation's capital. an absolutely wonderful day for the inauguration of any president. as we wait for president obama positively the capital to review the troops, something we did with condoleezza rice. she served in both terms of george w. bush of course was his secretary of state in his second term. secretary rice is now a cbs news contributor we sat down with her in washington yesterday to talk about what president obama might expect in the four years ahead. >> as president obama embarks on his second administration, what are some of the things about a second term that aren't necessarily obvious? >> well, in a second term, first of all, you live with

the consequences of the first time. that means generally, you are trying to solidify any janes made in the first term, and frankly, times to deal with mistake that is were made in the first term that need to be rectified. >> what's your best advice to a second term. toi. get started quickly. i've been asked many times what does it feel like to go to a second inauguration. the first inauguration is exciting and you can't believe i'm a part of history. in the second inauguration, i was thinking let's get this over and let me get back to work. i need to get back to the office, because you really don't have very much time. in the perspective of all the politics and the strum that we see on capitol hill, what does inauguration day mean?

how is it different from every other political day that we have? >> inauguration day is in many ways a celebration of peaceful transfer of power. >> the people have spoken, and that president has now been reaffirmed. so it's about the democratic process, and it's the symbols of the democratic process. the symbol of the peaceful transfer of power. but for the united states, it has been a long time since we worried about the peaceful transfer of power, but we have to remember that it is actually a fragile moment. so many countries can't take that for granted. i love the inauguration for that moementd when peaceful power is transferred. >> condoleezza rice in washington. now in the broadcast booth overlooking the capital. we have two rising stars.

hueliajulian and joaquin castro. they are brothers. one is the mayor of san antonio, and the other is a congressman. >> and you're the mayor? >> i'm the mayor. >> and you're joaquin. identedical twins and rising stars in the democratic party. the president talked about immigration today. what do you imagine, the mayor of san antonio, texas. what do you imagine the president can do on the issue of immigration. >> it was great to hear him speak about the dreams of americans that we all know and love and propel it forward. i would say there's a couple of things he can get done. first, after election night, we saw the republican party change its tune on immigration more than any issue, and that gives me hope. that means there's leeway to

come up with a compromise. and a compromise means making sure the borders are secure as possible. ensure whg an employer hires someone that that employer can know for sure that person is here legally. and figuring out a way to find someone who is here illegally, and also figuring out a pathway to citizenship if the person has not commited a fell me. that kind of reform is truly in sight. >> joaquin, other than immigration what struck you about the ment's speech. >> i thought it was inspiration, and looked ahead and touched on the big issues of the day. not in a specific way which is beyond this kind of speech. but also it challenged some of the dogmas that are really dogged the congress and american government for the last several years.

the president, for example spoke about absolutelyis absolu not giving into that. that was a challenge to congress, hey, work with me to do what's right for the american people. in that way, i think, that in a way transcended all of the bickering of the way. >> joaquin, you are a new member of congress from texas and new in town, as they say. how do you think the divide can be bridged between the two parties on difficult issues like immigration? >> well, there's a new things. it has to be built both on personal relationships with the president and with individual congress members themselves, and also the institutions and the way they proceed have to change. we know, for example, that over the last few years, the filibuster shaeb used more than any time in american history. there has to be some change there. and also, i believe that speaker boehner, if he wants to get bipartisan vote as he

did on sandy relief, he has to be able to drop the hat, and it's personal changes and institutional changes. >> mr. mayor, you run one of the largest cities in the country, san antonio, texas. what can the president do to help? what do you need? >> the president can do what he has began during his first term. two great examples are to collaborate with agencies in his administration. making the transportation department work with the education department, work with the e.p.a., sustainable communicates, promised neighborhoods. to invest in brain power and education, and also lift up neighborhoods at the same time. and to his credit, he's been more collabrative with mayors, i think than we've seen in a long time. so i have a lot of hope for the second term. >> mayor castro of san

antonio, texas, and brother joaquin castro in congress, very kind of you to spend a moment with us. >> great to be here. >> the president will be leaving the capitol shortly. he'll go out the east front where members of the u.s. military have been assembled so that we can symbolically review the troops. and we have leon panetta joining us now from inside the capitol. can you hear us, second panetta? >> i can, good to talk to you. >> nice to talk to you, mr. secretary. >> i don't three weeks ago any americans would have thought that north africa would be at the top of the security concerns. we've heard three americans were killed in that hostage situation in algeria and seven americans were freed.

i wonder what you think the president has to do over the next four years? >> as i've been saying this is all part of the war on terrorism. we've been going after them everywhere, and now in north africa. we have to make sure they have no place to wide. and so going after them in north africa and mali is a first step in making sure they do not establish any kind of base of operations from which to attack our country. we've got to be part of that effort, and we will be. >> and what is the united states government, the obama administration willing to do to be part of that effort of the french invasion of mali? >> well, you know, it's important to see an

international effort. there are european countries that will be helping on training and other steps. and the united states is helping as well. we're helping on airlift and intelligence support. we'll look at other ways to try to provide assistance, as well as training. this has to be an international effort, because frankly, al-queda is an international threat. the best way to handle this now is to have all of these countries working together to do everything we can to stop al-queda. >> mr. secretary, you do not imagine u.s. fighting forces being involved in mali alongside the french at this point? >> no, i don't see troops on the ground. but i do see the kind of assistance that will help the french and ultimately help the african nation go into mali and really provide more permanent security there. >> what are some of the national security threats over the next four years and no one

is talking about? >> the fact is we live in a dangerous world. we know we have the war on terrorism. we know the concerns about iran and north korea. i think middle east turmoil is going to trn to dra continue to tower attention and the potential for cyber attacks. we have in cyber technology, the potential to paralyze a country and take down a grid and financial systems. cyber attacks i think is the war front of the future, and we have to be prepared to deal with it. >> mr. secretary, you're going to be leaving the administration as planned. john kerry has been nameed to replace you as secretary of defense. i recall earlier in the broadcast -- i meant chuck hagel. john ker has been nominateed

to k secretary of state. chuck hagel has been named to be secretary of defense. i mentioned you helped balance the federal budget, if you can imagine such a thing today, and as the head of cia you led the mission that killed osama bin laden. that's high quality talent for the federal government, and a lot of people are sorry to see you leaving. you'll be going back to california, and what is next for you? retirement? >> i'm not one to sit on a rocking chair. as you know, scott, via beautiful place in carmel valley that i'm looking forward to getting back to, but we have an institute per public policy they have with my wife who has been runing it for four years while i've been back in washington. and i hope to get back and work with her and promote public service as an inspiration for young people. >> mr. secretary, we see your boss moving through on his way

out to review the troops. we wish you all of the best, and we will join our live picture with the president again. thank you, mr. secretary. >> thank you. >> this is the east side of. and the president will be stepping out to review the army of the military district of the district attorney of washington. >> the president a short time ago was playing his president before a bust of martin luther

king jr. enshrined under the capitol dome. this being martin luther king day as well as inauguration day. this is the east front of the capital which faces the supreme court. and these are some of the troops that the president will review as commander in chief. the president is drawing down troop levels in afghanistan. about 60,000 americans are fighting in afghanistan as we speak. the president intends to make that many fewer as this year winds on. >> present arms!

>> this is where they used to have the inaugural ceremonies until ronald reagan moveed it to the other side of the capitol. the president is escorted by the commander of the u.s. army military district of washington.